Question

an operating guide for using equipment is an example of a(n) ______
a procedure
b objective
c goal
d organization chart

question 15 (2 points)
the activity of checking products as they are produced or received to ensure quality meets expectations is ____.
a inventory control
b quality control
c just - in - time
d continuous process improvement

question 16 (1 point)
which pro forma financial statement project revenue and expenses to show whether or not a business is profitable?
a balance sheet
b cash flow statement
c income tax return
d income statement

Explanation:

Question 14

A procedure is a set of steps to perform a task, like an operating guide for equipment. An objective is a goal, a goal is a target, and an organization chart shows structure. So the operating guide is a procedure.

Quality control involves checking products during production/receipt to ensure quality. Inventory control manages stock levels, just - in - time is about inventory timing, and continuous process improvement is about ongoing process enhancement. So this activity is quality control.

The income statement projects revenue and expenses to show profitability. A balance sheet shows assets/liabilities/equity, a cash flow statement shows cash movements, and an income tax return is for tax purposes. So the pro forma financial statement for this is the income statement.

Answer:

a. Procedure

Question 15